By Matthew Hayward Introduction When investing in cryptocurrency, many newcomers assume a lower price tag means a better opportunity. It’s tempting to think a coin like Dogecoin, priced under a dollar, has more growth potential than Bitcoin, which costs tens of thousands per coin. However, this common assumption can lead to costly mistakes. Let’s uncover why price isn’t the whole story. The Price of a Share Doesn’t Equal Value Think of stock prices like slices of pizza. A $300 share is just one slice from a company, while a $150 share is another slice from a different company. The price of the slice tells you nothing about the size of the pizza (the company’s value). A smaller pizza might have expensive slices, and a giant pizza might have cheap slices. Why Two Shares of $300 Can Beat Six Shares of $150 Owning more slices of a weaker pizza doesn’t mean you’re getting more food. If the $300 company is growing faster, making better profits, and has strong prospects, its slices are worth ...
LimitGov explores the intersection of politics, philosophy, and economics, focusing on cryptocurrency, individual liberty, and free-market values. My blog offers unique insights into current events while examining the implications of government policies and societal trends. I seek to empower readers with knowledge and critical thinking, fostering an informed, engaged community that challenges the status quo without relying on traditional labels.